A market is when theres a decline or expected decline in stock prices across and the entire stock market?

A market is often referred to as a "bear market" when there is a decline or an expected decline in stock prices across the entire Stock Market. This typically occurs when investor confidence wanes, leading to widespread selling and a drop in stock values of 20% or more from recent highs. Bear markets can be driven by various factors, including economic downturns, rising interest rates, or geopolitical tensions. They contrast with "bull markets," where prices are rising or expected to rise.